Our approach towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BNY Mellon Japan Sm Cap Focus I EUR Hdg which you can use to evaluate future volatility of the entity. Please confirm BNY Mellon Japan Mean Deviation of 1.98 and Risk Adjusted Performance of 0.0212 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
BNY Mellon Market Sensitivity
|As returns on market increase, BNY Mellon returns are expected to increase less than the market. However during bear market, the loss on holding BNY Mellon will be expected to be smaller as well. 2 Months Beta |Analyze BNY Mellon Japan Demand TrendCheck current 30 days BNY Mellon correlation with market (DOW)|
β = 0.1267
BNY Mellon Central Daily Price Deviation
BNY Mellon Japan Technical Analysis
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BNY Mellon Projected Return Density Against MarketAssuming 30 trading days horizon, BNY Mellon has beta of 0.1267 suggesting as returns on market go up, BNY Mellon average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BNY Mellon Japan Sm Cap Focus I EUR Hdg will be expected to be much smaller as well. Moreover, The company has an alpha of 0.012 implying that it can potentially generate 0.012% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.012|
|Beta against DOW||=||0.13|
BNY Mellon Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8152% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.82 and is 9.223372036854776E16 times more volatile than BNY Mellon Japan Sm Cap Focus I EUR Hdg. 0% of all equities and portfolios are less risky than BNY Mellon. Compared to the overall equity markets, volatility of historical daily returns of BNY Mellon Japan Sm Cap Focus I EUR Hdg is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use BNY Mellon Japan Sm Cap Focus I EUR Hdg to protect your portfolios against small markets fluctuations. The fund experiences very speculative upward sentiment. Check odds of BNY Mellon to be traded at 0.0 in 30 days. . As returns on market increase, BNY Mellon returns are expected to increase less than the market. However during bear market, the loss on holding BNY Mellon will be expected to be smaller as well.
BNY Mellon correlation with market